Six Single-Story Units on Large 19,507-SF Lot | Outstanding Opportunity to Add 2 ADUs (Accessory Dwelling Units) or Redevelop the Property to a 13-Unit Apartment | Significant Value-Add Potential - Approximately 76% in Rental Upside | 8.96% Pro-Forma Cap Rate & 8.43 Pro-Forma GRM | Located Approximately 1 Mile from SpaceX & Tesla Design Center and 3 Miles from SoFi Stadium & Upcoming Intuit Dome (NBA Clippers Arena) | Outstanding Unit Mix of (One) 3-Bedroom/1-Bathroom Unit & (Five ) 2-Bedroom/1-Bathroom Units | Each Unit Contains Washer/Dryer Hook-Ups & One Garage | Tenants Pay All Gas and Electricity Expenses | No Local Rent Control - Defaults to AB 1482 | Strong Neighboring Employment: Space X, Tesla, & Aerospace Defense Companies
|
DAYS ON MARKET
|
44
|
LAST UPDATED
|
10/17/2024
|
|
YEAR BUILT
|
1963
|
COMMUNITY
|
East Hawthorne
|
|
GARAGE SPACES
|
6.0
|
COUNTY
|
Los Angeles
|
|
STATUS
|
Conditional
|
PROPERTY TYPE(S)
|
Residential Income
|
| APPLIANCES |
Washer |
| AREA |
East Hawthorne |
| GARAGE |
Garage, Yes |
| LOT |
0.45 acre(s) |
| PARKING |
Garage |
| STORIES |
1 |
| ZONING |
HAR4* |
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Listed with Shield CRE, Inc.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/12/24 12:23 PM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
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